Court Uncourt - Volume VII Issue 4

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As countries around the world labor to tackle the spread of COVID-19, the threat of business interruption has become verypalpable, and arrangements have been thrown into general disarray. The general upset in the global economy has indubitably disrupted the workforce. As businesses universally have been confronted with a nemesis who cannot be halted at borders or thrown behind bars, they have come to terms with the realization that the human response cannot always be manual, and that the zeitgeist mandates reliance on technology. Many have executed disaster recovery and business continuity plans that have been layered with cloud-based collaboration tools which have seen enthusiastic uptake in use. The coronavirus impact has crystallized the apropos and absolute need for virtual operation, e-commerce, and the importance of technology for the new world economy. The new norm has brought with it a great deal of change, in a multitude of sectors. STA is cognizant of this, and is determined in to keep you abreast of the most unique matters of contention. To that end, this edition is intended to systematically orient you with a myriad of matters, ranging from joint development agreements, to Saudi Arabia’s New Franchise Law, to Material Adverse Change (MAC) Clauses in M&A Transactions. Court Uncourt's signature Guide feature is also to be found in this edition, with a thorough sketch of Oman’s new Commercial Companies Law, and what it entails. Thank you, and we hope you have an insightful read.